Zscaler Inc (NASDAQ:ZS) is one of the 8 Best Cloud Computing Stocks To Buy In 2026. On May 1, Citizens analyst Trevor Walsh lowered his price target on Zscaler Inc. (NASDAQ:ZS) stock from $290 to $210 while keeping the Outperform rating. Heading into Q1 earnings, the firm revised its financial models in light of upcoming industry data. The demand for zero-trust and SASE (Secure Access Service Edge) solutions continues to be high. However, concerns about cybersecurity risks stemming from advanced AI models have led to a re-rating of the sector, according to the analyst.

The valuation revision isn’t the only factor driving the stock’s price…